mr. cutler usually makes a 45% profit on every radio he sells. during a sale, he reduces his margin of profit to 40%, while his sales increases by 10%. what is the ratio of his new total profit to the original profit?
someone help me solving this prblm and plz explain why the result comes 44:45 and how.
wt are relationship between profit on sales or profit on cost? hw do they differ?
i feel stupid coz i cant solve those type of questions
